‘During his stint as prime minister, he got 270 million people out of poverty.’‘This, according to the World Bank, is the fastest compression of poverty anywhere in the world.’ Arvind Mayaram, the former finance secretary, recalls his encounters with Dr
India’s economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. Photograph:
‘Regulatory challenges exist everywhere. What we look for is regulatory stability over time.’ Photograph: Dado Ruvic/Reuters Online retail major Amazon is navigating a challenging regulatory environment in India at a time when e-commerce is witnessing rapid growth and quick commerce
The sharp rally in gold prices globally was led mostly by central bank purchases and investor buying. Photograph: Heinz-Peter Bader/Reuters Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300
The ratio of market capitalisation to gross domestic product (GDP) in India remains elevated despite the recent correction in the equities markets. It was 147.5 per cent on December 3, 56 per cent higher than the 10-year average of 94
‘Challenge is basically near-term growth as the outlook has turned a bit adverse.’ IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council Meeting at the Sushma Swaraj Bhavan in New Delhi, December 9, 2024.
Analysts are warning of growing risks to the market’s sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for
‘The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.’ IMAGE: Reserve Bank of India Governor Shaktikanta Das,
It will be the second Budget of the Modi 3.0 government and the eighth straight Budget for Nirmala Sitharaman, rare in Indian polity. IMAGE: Finance Minister Nirmala Sitharaman addresses the Credit Outreach Programme in Madhubani, November 30, 2024. Photograph: ANI
